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October 10, 2008


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Today's Local Market Conditions

Selected Reports by Real Estate Professionals



Ann LeVaur (Reporting on Summerville, SC.) - Homes, both new construction and pre-owned, move very quickly, an average of 53 days or less on the market. In the month of May over 300 homes sold with an average price of $168,324. Current inventory is in excess of 849 homes with an average price of $188,264 and an average days on market of 64 days. More->



Jo Ann Scott (Reporting on Hickory_Withe, TN.) - Consisting of mostly new homes, a good deal of growth has occurred within the last 8 years. New home construction prices range from $200,000 to over $900,000. Most are built on at least 1 acre. At present, there are 29 properties for sale with 4 sold within the last month and 4 properties pending sale. More->



Jane Quilling (Reporting on Minnetonka, MN.) - As of June 15, 200 single family homes were listed for sale on MLS. Two homes were priced under $200,000. Forty-three homes were priced in the $200,000's. Twenty-four homes were priced over $1,000,000. For the 240 homes that have sold to date this year, the average days on market are 55. More->



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Published: June 16, 2005

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